The post ‘Bitcoin Is the Right Move’, Says Michael Saylor appeared first on Coinpedia Fintech News
Michael Saylor, in a latest X post has shared to his followers that “Bitcoin is the right move.” Saylor’s tweet on Bitcoin gained significant attention in the crypto community, with enthusiastic support from those who agree with his view of Bitcoin as the leading digital asset of the future. Recently, the U.S. DOJ has been granted permission to sell 69,370 Bitcoins seized from the Silk Road marketplace, worth around $6.5 billion. This decision led to a sharp 3.46% drop in Bitcoin’s price, falling from $95,280 to $91,980, before partially recovering to $92,500. The crypto community is speculating whether the U.S. government will sell the seized Bitcoin before Trump, takes office. Trump has promised to create a Strategic Bitcoin Reserve, and many crypto enthusiasts hope he will stop the sale.